Case Summary
Kerala Gramin Bank filed a suit against defendants to recover a loan amount of Rs. 1,15,372 with interest due to default in repayment as per loan agreements and demand notices.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Payment of Rs. 1,15,372 with interest
Case Type
Civil Suit - Money Recovery
Final Judgment
No
Why Plaintiff Won:
Reason not clearly mentioned.
Reason not clearly mentioned.
Judgment Evidence:
The defendant is hereby directed to pay the plaintiff bank an amount of Rs. 1,15,372/- with interest at 9% per annum compounded at monthly rests on Rs. 1,13,398/- from the date of suit till the Date of realization and costs of the suit.
Parties Involved
Plaintiffs
Kerala Gramin Bank (Age not specified years)
Valiyakunnu Branch
Defendants
Ansar.K.K. (39 years)
Korakkottil House, P.O. Vilathur, Thiruvegapura amsom, Pattambi Taluk, Palakkad Dist
Ali.K.K. (66 years)
Korakkottil House, P.O. Vilathur, Thiruvegapura amsom, Pattambi Taluk, Palakkad Dist
Reliefs
Relief Type:
Money Recovery
Outcome:
Granted
Description:
Payment of Rs. 1,15,372 with interest
Evidence:
The defendant is hereby directed to pay the plaintiff bank an amount of Rs. 1,15,372/- with interest at 9% per annum compounded at monthly rests on Rs. 1,13,398/- from the date of suit till the Date of realization and costs of the suit.
Documents & Evidence
Document Type:
Loan Application
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of loan application
Reference:
A1
Document Type:
Demand Promissory Note
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of promissory note
Reference:
A2
Document Type:
Agreement for Retail Credit Card
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of credit card agreement
Reference:
A4
Document Type:
Guarantee Agreement
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of loan guarantee agreement
Reference:
A5
Document Type:
Registered Lawyer Notice
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of legal notice
Reference:
A6
Document Type:
Statement of Account
Submitted By:
Plaintiff
Relevance:
Submitted as evidence of account details
Reference:
A7